| Journal: | Latin american journal of economics |
| Database: | CLASE |
| System number: | 000448512 |
| ISSN: | 0719-0425 |
| Authors: | Leitner, Sandra M1 Stehrer, Robert1 |
| Institutions: | 1The Vienna Institute for International Economic Studies, Viena. Austria |
| Year: | 2016 |
| Season: | Dic |
| Volumen: | 53 |
| Number: | 1 |
| Pages: | 1-38 |
| Country: | Chile |
| Language: | Inglés |
| Document type: | Artículo |
| Approach: | Analítico, descriptivo |
| English abstract | This analysis identifies the effects of prevailing credit constraints on efforts of formal R&D innovators and (informal) non-R&D innovators in the manufacturing sector in Latin America and examines whether the global financial crisis aggravated these effects. It demonstrates that formal R&D innovators faced binding credit constraints that severely disturbed their innovative efforts, while non-R&D innovators remained unaffected. Furthermore, the global financial crisis put no additional strain on either R&D or non-R&D innovators. The analysis also identifies characteristics of R&D and non-R&D innovators and points to important differences in size, age, or ownership structure but similarities in international trading activities |
| Disciplines: | Economía |
| Keyword: | Condiciones económicas, América Latina, Innovación tecnológica, Investigación y desarrollo, Financiamiento, Crisis financiera |
| Full text: | Texto completo (Ver PDF) |
